Real estate blog entries tagged with foreclosure by Christine Forgione

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Home : Blogs : Christine Forgione - Associate Broker : Christine Forgione - NyHouses4Sale Blog : Tag "foreclosure"

foreclosure: True or False? More One family homes foreclose than multi-units? - 07/23/07 03:47 PM

Let me clarify that the term "multi-family" consists of two or more units.
True or False: More one family homes foreclose than a multi-family homes?
Could be true. Micheal Sexton from Trumpblog posted an article today that stated more one family homes foreclose than multi-unit homes. An investor friend said to Micheal "Virtually all the foreclosed properties out there are single-family homes or condos," he said. "If you can find me more than a handful of foreclosed multi-unit properties, I'll eat my shirt. It's because people almost always make money in multi-units, so they don't go into foreclosure."
Interesting - No?
Well, I … (5 comments)

foreclosure: Queens Foreclosure the highest in the five boro's! - 07/23/07 03:43 PM

Ryan Slack from PropertySharks.com talks about the foreclosures in all five Boro's. He explains that while all areas of NY have seen an increase - he is mostly worried with Queens and the rate that homes are coming up on the foreclosure list. I will admit it - I have seen a large incline in the number of homes that are pending or are in foreclosure, but keep in mind - when the analysts speak of Queens, it is not the Bayside, Whitestone, Flushing, Malba or Beechhurst area. They are talking more of Kew Gardens, Forest Hills, Rego Park, Woodhaven, Jamaica, … (3 comments)

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